Federal banking agency definition

Federal banking agency means the board of governors of the federal reserve system, the
Federal banking agency means the Board of Governors of the

Examples of Federal banking agency in a sentence

  • A NGEP provides to a Federal banking agency comments or testimony concerning an insured de- pository institution or affiliate in re- sponse to a direct request by the agen- cy for comments or testimony from that NGEP.

  • A NGEP discusses with an insured depository institution or affiliate whether particular loans, services, investments, community de- velopment activities, or other activi- ties are generally eligible for consider- ation by a Federal banking agency under the CRA.

  • The appro- priate Federal banking agency shall enforce compliance with those regulations under section 1818 of this title.(Dec.

  • An oral or written communication with a Federal banking agency is not a CRA communication if it occurred more than 3 years before the parties entered into the agreement.(2) Timing of contacts with insured de- pository institutions and affiliates.

  • Section 39 of the Federal Deposit Insur- ance Act 1 (FDI Act) requires each Federal banking agency (collectively, the agencies) to establish certain safety and soundness standards by regulation or by guideline for all insured depository institutions.


More Definitions of Federal banking agency

Federal banking agency means the Board of Governors of the Federal Re- serve System; the Federal Deposit In- surance Corporation; and the National Credit Union Administration; or any successor agency thereof.
Federal banking agency. ’ means the Board of Gov-
Federal banking agency means the Office of the Comptroller of the Cur- rency, the Office of Thrift Supervision, the Board of Governors of the Federal Reserve System, or the Federal Deposit Insurance Corporation, or their succes- sors.
Federal banking agency means the Board of Governors of the Federal Reserve System, the Comptroller of the Currency,[the Director of the Office of Thrift Supervision,] the National Credit Union Administration, or the Federal Deposit Insurance Corporation, or any of their successor agencies.
Federal banking agency means the board of governors of the federal reserve system, the U.S. office of the comptroller of
Federal banking agency means: 1123 (a) the Board of Governors of the Federal Reserve System; 1124 (b) the Comptroller of the Currency; 1125 (c) the Director of the Office of Thrift Supervision; 1126 (d) the National Credit Union Administration; or 1127 (e) the Federal Deposit Insurance Corporation. 1128 (11) "Licensee" means an individual licensed under this chapter. 1129 (12) (a) Except as provided in Subsection (12)(b), "loan originator" means an 1130 individual who for compensation or in the expectation of compensation: 1131 (i) takes a residential mortgage loan application; or 1132 (ii) offers or negotiates a term of a residential mortgage loan. 1133 (b) "Loan originator" does not include: 1134 (i) an individual who is engaged solely as a loan processor or underwriter; 1135 (ii) unless compensated by a lender, broker, other loan originator, or an agent of a 1136 lender, broker, or other loan originator, a person who: 1137 (A) only performs real estate brokerage activities; and 1138 (B) is licensed under Title 61, Chapter 2, Division of Real Estate; 1139 (iii) a person who is solely involved in extension of credit relating to a timeshare plan, 1140 as defined in 11 U.S.C. Sec. 101(53D); or 1141 (iv) an attorney licensed to practice law in this state who, in the course of the 1142 attorney's practice as an attorney, assists a person in obtaining a residential mortgage loan. 1143 (13) "Loan processor or underwriter" means an individual who as an employee 1144 performs clerical or support duties: 1145 (a) at the direction of and subject to the supervision and instruction of: 1146 (i) a licensee; or 1147 (ii) a registered loan originator; and 1148 (b) as an employee of: 1149 (i) the licensee; or